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Monday, 15 February 10
MINING LAW TO BE REVISED
 Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (DPRD) to the Ministry of Law and Human Rights.
"From our visit to the Ministry of Law and Human Rights on February 10, we found out that the Mineral and Coal Mining Act will be revised," said Babel DPRD chief Ismiryadi in Pangkalpinang, Sunday.
He said the Babel Council working visit to the Ministry of Law and Human Rights was aimed at conveying the aspirations of Babel tin miners who felt the law was against their interest.
"The mineral and coal mining law carried only general rules, such as mining areas and mining auctions, which does not accommodate the interest of tin miners," he said.
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"The mining law is only recommended to be revised, not revoked, since Babel and several other regions in Indonesia do not resort to a judicial review, as it will most likely revoke the law"
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The Babel council had discussed with the ministry the miners` complaints about the tin mines in their region, because some articles do not match the real situation in the area, Ismiryadi said.
"There are several articles in the mineral and coal mining law that are not implemented equally in the regions, namely Articles 22, 51, 52 and 54," he said.
He added, the ministry recommended that the result of the visit be submitted to the House of Representatives (Commission VII) and the Regional Council for immediate revision of the law.
"The mining law is only recommended to be revised, not revoked, since Babel and several other regions in Indonesia do not resort to a judicial review, as it will most likely revoke the law," he said.
He explained that there are articles in the law that are against public mining areas.
Source: Antara
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Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
...
Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
...
Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
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- Posco Energy - South Korea
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
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- Parliament of New Zealand
- Commonwealth Bank - Australia
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- Sojitz Corporation - Japan
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- Meenaskhi Energy Private Limited - India
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- Economic Council, Georgia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
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- Global Business Power Corporation, Philippines
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- Renaissance Capital - South Africa
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- Minerals Council of Australia
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- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
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